The Christian Community/Nursing

1. Bonhoeffer (1954) states, “The scriptures speak of three kinds of table fellowship that Jesus keeps with his own: daily fellowship at the table, the table fellowship of the Lord’s supper, and the final table fellowship in The Kingdom of God. However, in all three the one thing that counts is that their eyes were opened, and they knew him” (p. 66). Discuss how the Biblical description of fellowship applies to the clinical practice of advanced practice clinicians. (Famly Nurse Practioner) Provide evidence from your readings to support your answer.

 

Sample Solution

Despite IMF involvement, the crises of 2000 and 2001 happened. It could be that the “volatile and reversible capital flows and the massive economic and social costs of speculative attacks result[ed] in massive outflows of capital”, meaning that some capital controls are needed for a true stabilization (Onis & Rubin, p 189). But to have prevented the 2001 crisis, and likely the 2000 crisis as well, rather than focusing its initial stabilization efforts on the current account deficit, it should have paid attention to the banking sector, which would have obviated the “November 2000 crisis [which] was primarily a crisis of the private banking sector,” and because the “February 2001 crisis stemmed from the disequilibrium in key components of the government-owned banking sector,” (Öniş p.13). So, it seems the banking sector was at the heart of both of these crises, and their inadequacy was the fault of the local political system and both the oversight and under-regulation by the IMF of the banking sector. However, that isn’t to say that this would have solved all of Turkey’s economic woes. It is arguable that Turkey’s economic crises of 2000-2001 were not preventable without likewise preempting the 1994 crisis. It may be that preventing crises are not politically viable before the fact, and the only way for a democracy (especially one with a divided government) to all agree to a corrective economic policy, is for the majority to have suffered from bad policy first. Turkey’s 2000-2001 was so deeply shocking that the electorate actually supported financial discipline, leading to a strict adherence to the austerity program that previous administration had agreed to with the IMF, (Cammet p. 290). However, Turkey’s continued financing of current account deficits would be less of an issue, certainly would lead to fewer crises, if Turkey’s growth were not dependent on them. As Oyvat mentioned, Turkey depends on imports of primary, intermediate, and capital for its industrial production, and has not prioritized structural technological transformation in its industrial policy. Rather than evolve, it borrows to buy what it needs to produce to keep its economy going, leaving the resulting situation of balance of payments issues, persistently high inflation, dependence of foreign borrowing, both in the public and private sector, vulnerable to schools that could set of yet another downturn. Some suggest that the For Turkey to have prevented past crises, or even avert the next one, it needs to change its entire growth model, and focus its industrial policy on structural technological change.

 

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